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Corporate social responsibility and firm performance: investor preferences and corporate strategies

Barney, Jay B. - ; Mackey, Alison - ; Mackey, Tyson B. - ;

We address the debate about whether firms should engage in socially responsible behavior by proposing a theoretical model in which the supply of and demand for socially responsible investment opportunities determine whether these activities will improve, reduce, or have no impact on a firm's market value. The theory shows that managers in publicly traded firms might fund socially responsible activities that do not maximize the present value of their firm's future cash flows yet still maximize the market value of the firm..Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: The Academy of Management
Edisi-
SubjekFinancial performance
Corporate responsibility
Correlation analysis
Market value
studies
Social investing
ISBN/ISSN3637425
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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